More important, Apple reviews all new apps going into the App Store. One of the rules is that you're not allowed to request more permissions that what the app a

More important, Apple reviews all new apps going into the App Store. One of the rules is that you're not allowed to request more permissions that what the app actually needs. A loan app requesting all this info would never fly because it won't pass the human review. Also, it would be incredibly hard, if not impossible, to reupload an app that was banned under a different name - they have automated checks for this